Lease vs. Buy – That Is The Question

Should you Lease or Buy a Car

Should I Buy Or Lease A New Car?

If you are wondering if you should lease or buy a car as your next purchase, you have a wide range of planning to complete. Unfortunately, there is no one answer that fits every individual’s needs. Gathered are a few benefits of each:

Positives of Leasing a Car:

  • You have the luxury of enjoying a new car every few years, since standard leasing agreements have a lifetime of two to three years.
  • Leasing allows you to enjoy more car for less money.
  • You will not have to deal with many mechanical issues or repairs, as you only have the ride for a set amount of time.

Positives of Buying a Car:

  • Want to install a new sound system? Do it! You can modify your car whenever you please when you buy.
  • The long-term economic value is much more favorable to those who purchase their rides.
  • You will not be restricted from driving your car as you please, as you will not be subjected to mileage limitations.
  • Ready for a new ride? Buying a car allots you the luxury of selling it whenever you please.

Contact VGW Walker Insurance for all of your Texas auto insurance needs. Whether you decide buying a car or leasing a car is best for you, we will provide you with unmatched security for your new car.